New Tenant Announced for Shoppes at University Town Plaza in Pensacola, Florida

Bubba’s 33 to join line-up in new BJ’s Wholesale Club-anchored retail redevelopment. Stirling Properties and Seritage Growth Properties are pleased to announce that Bubba’s 33, a new-to-market restaurant concept, is coming to the Shoppes at University Town Plaza in Pensacola, Florida. It will join the tenant line-up in the new BJ’s Wholesale Club-anchored retail redevelopment …

Stirling Properties Adds Two Advisors to Commercial Real Estate Team

Rankin Bihm recently joined the Stirling Properties team as an Advisor, working dually from the company’s Lafayette and Lake Charles offices. He is primarily focused on the sales and leasing of retail properties, with representation of both tenants and landlords. His specific geographical expertise is on the Southwest Louisiana market area. Prior to joining Stirling …

Torchy’s Tacos and AT&T Store Headed to LSU’s Nicholson Gateway in Baton Rouge, Louisiana

LSU and Stirling Properties announced today that Torchy’s Tacos and AT&T will fill two more retail spaces in the university’s Nicholson Gateway Development, a mixed-use project located on a 28-acre site of the Nicholson Drive Corridor, between West Chimes Street and Skip Bertman Drive. The two new tenants join anchor retailer Matherne’s Market, Wendy’s, Starbucks, …

Part #3 – Retail Site Selection for Drug Stores

Drug Stores Have Unique, Evolving Characteristics Around the turn of the century, the Drug Store War for “Class-A” corners erupted across the Gulf South.  Between the Rite Aid and K&B merger, as well as CVS and Walgreens aggressively competing for market share, the race was fast and furious. I distinctly remember sale prices exceeding $20/foot …

New Rouses Market-Anchored Retail Development Coming to Lake Charles, Louisiana

Anticipated construction completion in the spring of 2020. Stirling Properties commercial real estate company is pleased to announce that a new Rouses Market-anchored retail development is coming to Lake Charles, Louisiana. Developed by the Eisenberg Company, the roughly 90,000-square-foot development will be located on 10.25 acres on Nelson Road at Ham Reid Road in South …

Stirling Properties Acquires Open-Air Retail Center in Pace, Florida

Stirling Properties commercial real estate company announces the acquisition of Santa Rosa Commons retail center in Pace, Florida. The sale closed on Wednesday, September 11th at a purchase price of $26 million. This marks the first acquisition for the company in the state of Florida. Stirling Properties will also assume leasing and management duties of …

Retail Site Selection for Fast Food Restaurants or QSRs

Retail Trends Have Changed While smartphones and technological advances have created the convenience for consumers to do just about anything with the simple push of a button, somehow it seems our society has never been busier. We are always on the go. Studies have shown that on average, today’s consumer spends approximately 30% more time …

Retail Site Selection & Convenience Stores

Proximity & Accessibility of Retailers Since the beginning of time, retailers have strategically positioned themselves in a manner where they could capitalize on the disposable dollars that their target market spends. While technology advancements have enhanced the ability for consumers to buy certain products online and have them delivered right to their doorsteps, there are …

Stirling Properties’ 3rd Quarter Portfolio Report Shows Positive Outlook

As the commercial real estate industry endures unrelenting disruption—specifically in the retail and office market segments—we have seen glimpses of a silver lining. Despite all the headwinds and negativity swirling, Stirling Properties’ outlook is optimistic moving into the 3rd quarter of 2019 compared to this time a year ago. A recent comparison of our overall …